Valley, ND housing market
The typical Valley home is worth about $201,000, up 6.9% in a year, 31% below the North Dakota typical home.
Home values, sales, trends and how Valley compares with the towns next door — updated as new data is published.
Valley at a glance
Typical home value, 2016–2026
Show as a table
| January | Valley | North Dakota |
|---|---|---|
| 2017 | $156,000 | $227,000 |
| 2018 | $152,000 | $224,000 |
| 2019 | $154,000 | $220,000 |
| 2020 | $154,000 | $229,000 |
| 2021 | $162,000 | $236,000 |
| 2022 | $175,000 | $251,000 |
| 2023 | $182,000 | $263,000 |
| 2024 | $171,000 | $259,000 |
| 2025 | $183,000 | $273,000 |
| 2026 | $198,000 | $287,000 |
| August 2026 | $201,000 | $292,000 |
4 new homes permitted in 2025
Builders were permitted 4 new homes in Valley in 2025, all single-family houses, worth about $1.6 million to build. That's 0.6 per 1,000 residents, slower than across North Dakota (3.4). Over the past 10 years, Valley has permitted 221 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Valley's population fell by 10 even though 234 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across North Dakota: 1.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $1.6 million |
| 2025 | 4 | 4 | 0 | $1.6 million |
| 2024 | 3 | 1 | 2 | $1.1 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 14 | 4 | 10 | $3.9 million |
| 2021 | 46 | 4 | 42 | $7.8 million |
| 2020 | 10 | 4 | 6 | $3.4 million |
| 2019 | 4 | 4 | 0 | $850,000 |
| 2018 | 7 | 3 | 4 | $1.7 million |
| 2017 | 90 | 3 | 87 | $10.4 million |
| 2016 | 43 | 5 | 38 | $5.3 million |
| 2015 | 10 | 10 | 0 | $2.7 million |
| 2014 | 59 | 17 | 42 | $8.2 million |
| 2013 | 6 | 6 | 0 | $2.2 million |
| 2012 | 10 | 10 | 0 | $2.4 million |
| 2011 | 2 | 2 | 0 | $491,000 |
| 2010 | 3 | 3 | 0 | $712,000 |
| 2009 | 6 | 6 | 0 | $1.2 million |
| 2008 | 55 | 12 | 43 | $6.7 million |
| 2007 | 28 | 4 | 24 | $2 million |
| 2006 | 32 | 5 | 27 | $2.3 million |
| 2005 | 32 | 5 | 27 | $2.3 million |
| 2004 | 32 | 5 | 27 | $2.3 million |
| 2003 | 42 | 4 | 38 | $2.9 million |
| 2002 | 6 | 2 | 4 | $399,000 |
| 2001 | 17 | 1 | 16 | $728,000 |
| 2000 | 5 | 3 | 2 | $507,000 |
How Valley ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.3 years of income
The typical Valley home costs about 3.3 years of the town's median household income, less than across North Dakota (3.8 years).
How Valley ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $950
HUD's Fair Market Rent for a two-bedroom in Valley is $950 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Valley pay a median of $780, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.
Studio $720 · 4 bedrooms $1,590
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (58072; Barnes County, ND), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.